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Lake Bonnet Village Cooperative, Inc.
Rules and Regulations - effective September 1, 2009

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Lake Bonnet Village is owned and operated by resident shareholders who formed a not-for-profit corporation called the “Lake Bonnet Village Cooperative, Inc.”   Our operations are regulated by Federal, State and County Laws.

The purpose of these Rules and Regulations is to provide a safe and enjoyable environment and a home and community of which you will be satisfied and proud.  These Rules and Regulations apply to all unit owners, tenants, guests, successors, and assigns, and are specifically incorporated by reference into all lease agreements and cooperative documents. 

These Rules and Regulations promote consideration of and courtesy to others.  Your cooperation in following these Rules and Regulations is essential to maintaining an attractive home and in turn your cooperation will help sustain the high standards of Lake Bonnet Village Cooperative, Inc.

In our Village, these Rules are enforced by an elected Board of Directors.    It is your responsibility to know and understand why our Village is very special to its residents.

Before becoming residents of the Village, prospective residents (Members, Tenants and sub-lessees of Members or Tenants) must be interviewed and approved by the Board of Directors and shall sign a statement indicating they have received and read a copy of and will abide by the Village  Rules and Regulations.  Failure to gain Board approval and/or sign the statement shall be cause to void any residency contract, implied or expressed.

These rules have been established by the Board of Directors of Lake Bonnet Village Cooperative, Inc. (hereinafter called the “Corporation” or “L.B.V.”) owner of the Village, representing the share owners of the Cooperation.  These rules may be changed from time to time to achieve this and other purposes.

***IT IS THE OBLIGATION OF THE SHAREHOLDER OR
HOMEOWNER TO ALERT RENTERS AND GUESTS TO THESE RULES***
To see Rules & Regulations - click here

   
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